Business Intelligence and Analytics

Business intelligence can be considered to be what’s and how’s of past occurrences, while business analytics assesses the why’s that involves causality investigation. The 9-step Integrated Enterprise Excellence (IEE) business management system provides a framework for integrating business intelligence with business analytics.

In step two of the 9-step IEE system, a value chain integrates statistical 30,000-foot-level predictive performance measures throughout an organization with their associated processes. An IEE value chain considers what’s and how’s (i.e., execution of processes) of past occurrences for this business intelligence creation.

Step three of the 9-step system, analyzes the business as a whole looking for the why’s of occurrences. When causality occurrences are uncovered, this information can lead to development of targeted improvement strategies (step 5) which leads to goal setting for functional 30,000-foot-level metrics (step 6) and then process improvement efforts (step 7), which benefit the business as a whole.

Functional Testing Software: Multidimensional Testing Example

Business Intelligence and Analytics, Statistical Analyses /

Multidimensional functional testing software can significantly reduce the number of test cases needed to assess percent coverage of combinational usage factors. Functional Testing Software Example 2: Evaluating a new pc for compatibility with current hardware and networks A company was looking into switching the PC vendor, where history has shown that they are not perfectly […]

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How To Implement an Effective MIS System Using the Baldrige Excellence Framework

Business Intelligence and Analytics, Business Management System /

Looking to implement an effective MIS system? Learn how to use the Baldrige Excellence Framework to succeed in your organization. An effective Management Information System (MIS) can help organizations make informed decisions and improve overall performance. One way to succeed with an MIS system is to use the Baldrige Excellence Framework (BEF), a set of guidelines and

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